The market is downgraded in the first quarter and expects domestic zinc fundamentals to improve [selected SMM Zinc Weekly report]_SMM
[selection of SMM Zinc Weekly report: the market is down in the first quarter and expected to improve domestic zinc fundamentals] in terms of Shanghai zinc, there have been some changes in the recent market trading logic, which is discussed in two aspects. One is the performance of the inventory, after entering New Year's Day, the inventory has not seen a large accumulation for a long time, at the same time, the inventory in Shanghai has reached less than 20,000 tons, which also reflects that the current consumption is better than the market expectation; at the same time, after the over-e...